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This Government Contract opportunity from Department Of Housing And Urban Development was posted on September 13, 2023. The submission period has ended. Browse the details below for market research, or find similar active opportunities.

Home Equity Conversion Mortgage Business Service Provider

Closed
JA_23_40Federal

Contract Overview

Solicitation details, issuing organization, response deadlines, documents, and interested companies for this government contract opportunity.

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NAICS: 522390
Federal
Loan Servicing Sec-Held Non-HECM (Home Equity Conversion Mortgages) in support of Office of Single Family Asset Management (OSFAM)/National Servicing Center (NSC).This contract involves loan servicing for security-held Non-Home Equity Conversion Mortgages (Non-HECM), specifically supporting the Office of Single Family Asset Management (OSFAM) and the National Servicing Center (NSC) within the Department of Housing and Urban Development (HUD). The service focuses on the management and servicing of loans that are not home equity conversion mortgages but are secured and require oversight to ensure proper handling within HUD’s single-family housing programs. It aims to maintain the integrity and effectiveness of loan servicing operations under the jurisdiction of OSFAM and NSC. The current contract, identified by the number 86614921C00002, falls under the NAICS code 522390, which pertains to activities related to securities and commodity exchanges, reflecting the financial servicing nature of the contract. The contract is listed as a forecast from May 25, 2026, indicating planned upcoming activities rather than an active solicitation. The Office of Housing within HUD oversees this contract, with Scott L Riley serving as the point of contact. The geographical performance location is not specified, suggesting that the servicing could be managed in multiple or unspecified areas, consistent with the centralized nature of the National Servicing Center.
Office of Housing

POSTED

23 days ago

DEADLINE

N/A

General Info

Agency

Department Of Housing And Urban Development → Cpo : It Program Support Division; NoiView Agency

NAICS

522390 - Other Activities Related to Credit Intermediation View NAICS

Place of Performance

Washington, DC, 20410, USA

Set-Aside

NONE

Documents

(0)

No documents available

AI Contract Breakdown

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Timeline

PhaseClosed
Posted

Contract opportunity posted

Response Deadline

Deadline has passed

Submission Closed

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Organization & Contact Information

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AgencyDepartment Of Housing And Urban Development → Cpo : It Program Support Division; Noi
Contacts1 person available
OfficeWASHINGTON, DC, 20410, USA
Organization / Agency
Department Of Housing And Urban Development → Cpo : It Program Support Division; Noi
View Agency Profile
Office AddressWASHINGTON, DC, 20410, USA
Contacts
Carmen Calloway

Full Description

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The Government intends to solicit and negotiate with only one source under the authority of Federal Acquisition Regulation (FAR) 6.302-1 �Only one responsible source and no other services will satisfy agency requirements� and 41 U.S.C. 3304 (a)(1). The Department of Housing and Urban Development (HUD) intends to award a sole source Firm Fixed Price contract to Reverse Mortgage Insight Inc, located at 34232 Pacific Coast Hwy, #D4, Dana Point, CA, 92629-3856 for Home Equity Conversion Mortgage Business Service Provider. NO SOLICITATION OR REQUEST FOR PROPOSAL (RFP) IS AVAILABLE. This announcement constitutes the only synopsis for this requirement; and is issued for notification purposes only. No known potential alternate sources exist which could satisfy this requirement. This Notice of Intent is not a Request For Quote/Proposal. Any interested party that believes it can meet this requirement described herein may identify themselves and must provide evidence of their capability to fulfill this requirement being requested by 10:00 AM EST on 9/20/2023 at 2pm EST. Responses must be submitted in writing to Carmen Calloway at Carmen.L.Calloway@hud.gov no later than the time and date noted above. Telephone responses and requests will not be accepted. A determination by the Government not to compete this requirement based on responses to this notice is solely within discretion of the Government. Information received will be considered solely for the purposes of determining whether to conduct a competitive procurement. The North American Industrial Classification System (NAICS) code for this effort is 522390 � Other Activities Related to Credit Intermediation and the business size standard is $28.5M.